Credit Approval means either (i) a notice from us to you, in writing or by such electronic means as may be designated by us, that we have approved all or a portion of an Order; or (ii) Availability under a Credit Line.
Credit Approval means a notice given by the Insurers to the Insured stating the amount of the Credit Limit for a buyer or group of buyers and stipulating any specific conditions or changes to the insurance coverage applicable to goods Shipped to that buyer or group of buyers;
Credit Approval means the written determinations to be issued pursuant to Sections 42(m)(1)(D) and 42(m)(2)(D) of the Code approving low-income housing tax credits for the Project in an amount of not less than $427,708.
Examples of Credit Approval in a sentence
Any such amendment will apply to Goods despatched after the date specified in the Notice to Amend Credit Approval.
Having approved the works the Assembly will normally fund major schemes through a Coast Protection Act Grant and Supplementary Credit Approval.
The City Council’s Basic Credit Approval for 2003/04, (i.e. non-directed Capital Investment) is considerably less than this sum and therefore cannot accommodate a project of this scale.
The DfES has assessed the Council’s input assumptions and costs which have been used to generate this level of Notional Credit Approval support for the project.
The following lending functions have been segregated • Corporate Banking Division• Credit Approval / Risk Management Division• Monitoring Law, Recovery• Credit Administration and ComplianceThe purpose of the segregation is to improve the knowledge levels and expertise in each department, to decrease the probability of compromise, to impose controls over the disbursement of authorized loan facilities and obtain an objective and independent judgment of credit proposals.
More Definitions of Credit Approval
Credit Approval means the granting of credit to the Reseller at the sole discretion of Axiz, and on the terms stated in the credit approval letter, subject to the terms of this Agreement;
Credit Approval means a notice given by the Insurers to the Insured slating the amount of the Credit Limit for a buyer or group of buyers and. stipulating any specific conditions or changes to the insurance coverage applicable to sales to that buyer or group of buyers. Discretionary Credit Limit means the maximum Credit limit that the Insured may establish, without contacting the insurers, by using one of the methods for establishing such a Credit Limit set out in this Credit Management Schedule. OBLIGATIONS OF THE INSURED The Insured must establish and maintain a Credit Limit for all buyers by using one of the methods set out in Section 1 below or by requesting a Credit Approval from the Insurers (See Section 2, below). The Credit Limit should be equal to or greater than the amount owed by the buyer to the Insured. The Insured must take appropriate action to follow up on overdue accounts, including those set out in Section 3, below.
Credit Approval. This Agreement is subject to customer establishment of creditworthiness in accordance with established MTSS provisions. BTS may request an advance payment and/or deposit in accordance with MTSS and the provisions of its tariffs. Charges & Payment: Unless otherwise provided in the Schedules, payment for Service, installation, and Monthly Recurring Charges, including applicable surcharges and federal, state, and local taxes shall be due 30 days from the date on the xxxx. If the xxxx is not paid by the due date, it then becomes past due. BTS shall present bills for Monthly Recurring Charges to the Customer monthly in advance of the month in which the Service is provided. Automatic payment through Checking or Credit/Debit Card Electronic Fund Transfer (EFT) is optional. Billing and Payment Obligation: Billing for the service component will begin on the Service Activation Date, as specified, for the specific service type. The Service Activation Date is the date:
Credit Approval. This Proposal includes only a brief description of the substantive terms and conditions of the contemplated lease transactions and is not intended as a formal commitment of credit by CSC or Cisco Systems. Any funding by CSC for the purchase of equipment is subject to the ongoing credit approval of CSC (including the absence of any material adverse change, in the Confidential judgment of CSC, in the business or financial condition or prospects of Lessee) and to satisfactory documentation including as described below. Provided Verado's credit is satisfactory pursuant to the terms of this Proposal, and the required 20% insurance bond of Letter of Credit is in place, for each order placed by Verado, funding by CSC (as reviewed, and where approved by CSC, on an order by order basis) will be provided. You agree to provide two years' audited financial statements, bank references, a completed credit application and any other required credit information along with the signed copy of this Proposal. You hereby authorize CSC and/or its agents to make a complete credit investigation and to relate this information to others as necessary to secure credit approval. The parties acknowledge that the financing contemplated by this Proposal is subject to the above-referenced conditions and the execution and delivery of all appropriate documents (in form and substance satisfactory to CSC), including without limitation, to the extent applicable, the Master Lease Agreement, any Schedule, certificate of acceptance, lease assignment of purchase order, UCC financing statements, legal opinion and other documents and agreements reasonably required by CSC. This Proposal is confidential and may not be disclosed to any person or entity without our consent. Lessee agrees that it shall not, without CSC's prior written consent, disclose the existence or terms of any financing facility with CSC or use the name or logo of CSC or Cisco Systems in any press release, advertisement or other public pronouncement, nor represent to any person that the relationship between Lessee and CSC or Cisco Systems is other than that of seller and lessor of equipment and/or lender. Thank you for the opportunity to present this Proposal. We look forward to doing business with you. If you have any questions, please do not hesitate to call me at 000-000-0000. Sincerely, ACKNOWLEDGED AND AGREED: Xxxxx Xxxxxx US Service Provider Leasing Verado Holdings, Inc. Account Manager CISCO SYSTEMS CAPITAL CORPORATION 4 Ventu...
Credit Approval means an approval issued by EXIM Bank in respect of a Buyer or Buyers substantially in the form of Annexure B to be added as part of coverage under this Policy specifying details of a Buyer, the Credit Limit, the Insured Percentage, the Uninsured Percentage, the Maximum Credit Period, the Approval Effective Date, the Waiting Period and any special terms and conditions that supersede or amend the General Provisions provided hereunder and includes any amendments to the Credit Approval by the mutual consent of the Parties from time to time.
Credit Approval means, with respect to any Buyer, a credit approval by our Credit Department of the Buyer, your terms of sale to such Buyer, and the amount and duration of a Buyer Credit Line for such Buyer.
Credit Approval means, with respect to a proposed Loan to be provided to a Borrower, the initial approval given by the Investment Committee that such proposed Loan meets the lending requirements and risk parameters that are acceptable to the Investment Committee and the Corporation, pursuant to the terms of this Offering Memorandum.